24 June 2022 8:25

Where is a useful comparison of Australian Superannuation schemes?

How can I compare two super funds?

You can find out about and compare super funds by using:

  1. the ATO’s YourSuper comparison tool, an online list comparing MySuper products.
  2. the product disclosure statement (PDS) for each product offered by a fund.
  3. super comparison websites offered by private companies.

Which AustralianSuper fund is best?

The Best Overall – AustralianSuper
It’s Balanced Fund received the Finder award for the best Australian super fund in 2021 and has been one of the strongest performing super funds of all time.

How do I find the best super fund for me?

Tips for super:

  1. Look at the fund’s performance after the impact of fees and taxes.
  2. Compare like with like and look at what the fund is investing in (e.g. shares and property, cash and fixed interest)
  3. Try to use the same start and finish dates for each fund (performance will differ)

What is the best super fund in Australia 2020?

Best super funds

  • Best ethical fund. Green Company. Australian Ethical Super Balanced. …
  • Best long-term returns. Finder Award. AustralianSuper – Pre-mixed, Balanced option. …
  • Best lifestage fund. Virgin Money Super – LifeStage Tracker.

Is hostplus better than AustralianSuper?

AustralianSuper Balanced has better long-term returns and lower fees than Hostplus Balanced, but Hostplus offers more low-fee index investment options to choose from. Compared these popular industry funds side-by-side. We’re reader-supported and may be paid when you visit links to partner sites.

Which AustralianSuper fund has the lowest fees?

Hostplus has the lowest total fees at just 0.22% ($110 per year on a $50,000 balance) for its Indexed Balanced option. NGS Super, Rest and HESTA also have options below 0.30%.

What is the best super fund in Australia 2021?

Aware Super has been named Best Super Fund in Money magazine’s 2021 Best of the Best Awards. The awards for Best Pension Fund and Best MySuper Product were taken out by Cbus and AustralianSuper respectively.

Is UniSuper better than AustralianSuper?

Funds of the Year:
UniSuper and Sunsuper have each won six top gongs over the years. QSuper (which has merged with Sunsuper to form the Australian Retirement Trust) has won three times while AustralianSuper and REST have both won twice.

Is hostplus the best super fund?

“With super, long-term investment performance matters a lot. I am pleased that Hostplus has remained one of the consistently best-performing super funds in Australia over the long-term”.

What is a good annual return on super?

Over the past 29 years, Growth funds have returned 8.2% per year on average and the CPI has averaged 2.4% per year, giving a real return of 5.8%.
Super fund performance: Calendar years ()

Calendar year Return (%)
2019 14.7%
2018 0.8%
2017 10.8%
2016 7.5%

Is Sunsuper owned by Suncorp?

On , Sunsuper and QSuper merged to become the Australian Retirement Trust.

Type Industry superannuation fund
Fate Merged with QSuper to form the Australian Retirement Trust
Headquarters Brisbane , Australia
Area served Australia

What the average return on a balanced super fund?

The chart below shows the year-by-year performance of the median Growth fund over the 29 and a half years since the introduction of compulsory super in July 1992. Since then, the median Growth fund has returned 8% per year. The annual CPI increase over the same period is 2.5%, giving a real return of 5.5% per year.

What is the best super fund for retirees?

The top 10 is limited to Growth options with assets of $1 billion or more.
Top 20 performing pension funds (Growth)

Pension fund Investment option Return
Cbus Super Growth 11.5%
Prime Super Balanced 11.2%
Australian Retirement Trust Balanced 11.2%
Aware Super Growth 11.1%

Is AustralianSuper better than SunSuper?

Looking at performance, AustralianSuper Balanced has delivered higher returns over the short, medium and long term. Most of AustralianSuper’s additional investment options have also performed better than those offered by Australian Retirement Trust over the past decade.

Does barefoot still recommend hostplus?

Do you recommend the Hostplus Indexed Balanced Fund? No. Personally, I have chosen to invest my own super with the Hostplus Index Balanced Fund. However, that’s not to say it’s right for everyone, and I have never said this.

What index fund does Scott Pape recommend?

Even the superannuation fund that Pape recommends, the Indexed Balance Fund from HostPlus, is an Index Fund superannuation option!

Is Hostplus any good?

Yes, Hostplus is a good super provider. They have index fund options with low fees, and good performance.

Is HESTA or Hostplus better?

Both options have similar fees, however HESTA Sustainable Growth has achieved better returns than Hostplus Socially Responsible Investment Balanced. If you’re interested in investing your super ethically, you can compare these funds with range of additional ethical super funds in our guide.

Who owns Hostplus super fund?

Our past and present. Founded by the Australian Hotels Association and the United Workers Union1 in 1988, Hostplus has grown to be one of the largest super funds in Australia.

Is UniSuper a good superannuation fund?

We’re known as one of Australia’s best super funds for our history of strong long-term investment performance. We’re a consistent top performer with our Balanced investment option delivering top quartile returns over 3, 5, 7 and 10 years to .

How does cbus super compare?

When comparing AustralianSuper and CBUS Super fees, AustralianSuper has lower annual percentage based fees , with a 0.67% investment based fee, compared to CBUS percentage based fees of 0.75%. However, AustralianSuper has a flat fee of $117, whilst CBUS Super has a flat fee of $104.

Is UniSuper open to anyone?

Now anyone can join the fund that offers greater super. You no longer have to be working in the higher education or research sector to join our award-winning superannuation fund. It’s quick and easy to join. You only need to be living in Australia and be age 15 or over.